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What is a floating due date?
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Last Updated
24th of September, 2009

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Floating due dates — due dates that change from time to time — are no longer allowed, thanks to a provision of the CARD Act of 2009.

This section goes into effect 90 days after date of enactment (the CARD Act was enacted on May 22, 2009).

For in-depth articles about the CARD Act, visit Credit.com’s Learning Center.



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